The Italian returns to the San Siro for his second spell with the Nerazzurri after Walter Mazzarri was sacked on Friday morning.
Mancini, who won three consecutive Serie A titles as Inter boss between 2004 and 2008, has been confirmed as the new coach of the 2010 Champions League winners.
"F.C. Internazionale is pleased to announce that Roberto Mancini is the new first-team head coach. He will begin coaching duties on Saturday," a statement read on their official website.
Club president Erick Thohir has expressed his delight in appointing the 49-year-old, who has coached Manchester City and Galatasaray since leaving San Siro. Continue reading....
Thohir believes he is the right man to take them back to the pinnacle of Italian and European football.
"Our goal is to regain our rightful position as one of the very top clubs in Europe and that's why I am so happy to welcome back Roberto Mancini," he said.
"His track record both at Inter and elsewhere speaks for itself, and his international experience and hunger for success will drive the team to the next level."
Mancini won seven trophies in total in his first stint at San Siro, including two Coppe Italia.
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